Geneos Wealth Management Inc. Acquires 133,134 Shares of Capital Group Core Equity ETF $CGUS

Geneos Wealth Management Inc. increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1,807.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,501 shares of the company’s stock after purchasing an additional 133,134 shares during the quarter. Geneos Wealth Management Inc. owned 0.08% of Capital Group Core Equity ETF worth $5,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Wellington Capital Management Inc. purchased a new position in Capital Group Core Equity ETF in the 2nd quarter worth about $266,000. High Falls Advisors Inc grew its stake in shares of Capital Group Core Equity ETF by 5.6% in the second quarter. High Falls Advisors Inc now owns 15,876 shares of the company’s stock worth $586,000 after acquiring an additional 849 shares during the period. Equitable Holdings Inc. grew its stake in shares of Capital Group Core Equity ETF by 162.4% in the second quarter. Equitable Holdings Inc. now owns 138,737 shares of the company’s stock worth $5,124,000 after acquiring an additional 85,870 shares during the period. Captrust Financial Advisors raised its holdings in shares of Capital Group Core Equity ETF by 6.9% during the second quarter. Captrust Financial Advisors now owns 1,828,484 shares of the company’s stock valued at $67,526,000 after purchasing an additional 118,009 shares during the last quarter. Finally, Lantern Wealth Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF during the second quarter valued at approximately $360,000.

Capital Group Core Equity ETF Trading Down 1.4%

Shares of CGUS stock opened at $40.02 on Monday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.80. The stock has a market capitalization of $7.72 billion, a P/E ratio of 26.31 and a beta of 0.92. The firm’s 50 day moving average is $39.88 and its 200 day moving average is $38.54.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.0925 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 30th.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.